Globalization
Globalization is the
growing interdependence, integration and interaction among people and
corporations in disparate locations around the world. It is an umbrella term
which refers to a complex of economic, trade, social, technological, cultural
and political interrelationships. While being a complex and multifaceted array
of phenomena, globalization can be broken down into separate aspects: Globalization
or internationalization has become identical with a number of trends, most of
which may have developed or accelerated since World War Il. These include greater
international movement of commodities, money, information, and people; and the
development of technology, organisations, legal systems, and infrastructures to
allow this movement. The actual existence of some of these trends is debated.
The characteristics of globalization are: i. Spreading of multiculturalism, and
better individual access to cultural diversity; ii. Greater international
travel and tourism; iii. Greater immigration; iv. World-wide fads and pop
culture such as Pokémon, Sudoku, Numa Numa, Origami, Idol series and v.
World-wide sporting events such as FIFA World Cup. Negative effects of
globalisation include cultural
assimilation via cultural imperialism, the export of artificial wants,
and the destruction or inhibition of authentic local and global community,
ecology and cultures. It is often argued that even terrorism has undergone
globalisation, with attacks in foreign countries that have no direct relation
with the attackers' own country.
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